A theoretical and empirical analysis of the decision to locate on a university research park

Dennis P. Leyden, Albert N. Link, Donald S. Siegel

Research output: Contribution to journalArticlepeer-review

32 Scopus citations

Abstract

University research parks constitute a potentially important mechanism for university technology transfer and regional economic development. Unfortunately, there is little theoretical or empirical evidence on the firm-level choice decision to locate on such a facility. We fill this gap by outlining and testing a theoretical model of this selection process. Our empirical results suggest that U.S. firms locating on university research parks are more research active and more diversified than the typical public firm reporting R&D activity. We discuss the managerial implications of these findings.

Original languageEnglish (US)
Pages (from-to)23-28
Number of pages6
JournalIEEE Transactions on Engineering Management
Volume55
Issue number1
DOIs
StatePublished - Feb 2008

Keywords

  • R&D
  • Research park
  • Technology transfer

ASJC Scopus subject areas

  • Strategy and Management
  • Electrical and Electronic Engineering

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